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Nordstrom buys stake in four apparel brands owned by U.K. fashion house Asos, in bid for younger shoppers

A woman is seen shopping on ASOS the online fashion store on a laptop. Dinendra Haria | SOPA Images | LightRocket | Getty Images Nordstrom said Sunday it has acquired a minority stake in four apparel brands owned by the online U.K. fashion house Asos. The brands — Topshop, Topman, Miss Selfridge and the activewear …

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Stock futures open mostly flat ahead of the kickoff of earnings season

Traders work on the floor of the New York Stock Exchange. NYSE Stock futures opened mostly flat late Sunday as earnings season kicks off this week. Futures on the Dow Jones Industrial Average added 25 points, or 0.07%. S&P 500 futures edged 0.08% higher and Nasdaq 100 futures rose 0.17%. The three major indexes closed …

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spurs’-becky-hammon-looks-to-her-‘next-step’-in-pursuit-of-making-more-nba-history

Spurs’ Becky Hammon looks to her ‘next step’ in pursuit of making more NBA history

San Antonio Spurs assistant coach Becky Hammon, left, talks to Spurs head coach Gregg Popovich, right, on the court during a timeout in the second half of an NBA basketball game against the Los Angeles Lakers in San Antonio.  Darren Abate | AP Becky Hammon moved the needle, but the National Basketball Association assistant coach …

Spurs’ Becky Hammon looks to her ‘next step’ in pursuit of making more NBA history Read More »

richard-branson-reaches-space-on-virgin-galactic-flight

Richard Branson reaches space on Virgin Galactic flight

Sir Richard Branson stands on the floor of the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019. Richard Branson Virgin Galactic IPO NYSE Sir Richard Branson, after nearly 17 years of development and over a billion of dollars invested in Virgin Galactic, achieved his dream …

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‘black-widow’-snags-$80-million-from-its-theatrical-debut,-$60-million-from-disney+

‘Black Widow’ snags $80 million from its theatrical debut, $60 million from Disney+

Scarlett Johansson and Florence Pugh star as Natasha and Yelena in Marvel’s “Black Widow.” Disney “Black Widow” has stolen the pandemic-era box office crown. The latest Marvel film scored $80 million at the domestic box office during its debut, the most of any film released in the wake of the Covid epidemic. Universal’s “F9” was …

‘Black Widow’ snags $80 million from its theatrical debut, $60 million from Disney+ Read More »

retail-brands-including-rebecca-minkoff-begin-renting-clothes-without-a-subscription

Retail brands including Rebecca Minkoff begin renting clothes without a subscription

Rebecca Minkoff recently started allowing customers to rent clothing without a subscription. Source: Rebecca Minkoff In a bid for more customers, some apparel brands are starting to rent their clothes — without a monthly subscription. Fashion designer Rebecca Minkoff recently became the first to offer a “borrow” option on her website, powered by rental technology …

Retail brands including Rebecca Minkoff begin renting clothes without a subscription Read More »

these-restaurant-chains-have-raised-hourly-wages-or-offered-bonuses-to-attract-workers

These restaurant chains have raised hourly wages or offered bonuses to attract workers

An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images As bars and eateries struggle to staff up, several large restaurant chains have announced higher pay to entice workers to apply and stick around. Eating and drinking places added more than half a million jobs from March through …

These restaurant chains have raised hourly wages or offered bonuses to attract workers Read More »

what-mcdonald’s-minimum-wage-raise-says-about-fast-food-franchise-future

What McDonald’s minimum wage raise says about fast-food franchise future

Employees work the counter at a McDonald’s restaurant located inside the company’s new corporate headquarters on June 4, 2018 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images For Tom Locke, his tipping point on staff wages came back in March, during a conversation with a tired store manager, Heidi, in Coventry …

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there’s-no-evidence-a-covid-booster-shot-is-necessary,-says-dr.-ashish-jha

There’s no evidence a Covid booster shot is necessary, says Dr. Ashish Jha

There’s no need for Covid booster doses right now, the dean of Brown University’s School of Public Health said Friday, as highly transmissible, new variants test the protections of the available vaccines. “Let me tell you where we are: the data is very clear, if you’ve gotten your two shots of Moderna  or Pfizer  or …

There’s no evidence a Covid booster shot is necessary, says Dr. Ashish Jha Read More »

cramer’s-week-ahead:-next-week-sets-the-tone-for-all-of-earnings-season

Cramer’s week ahead: Next week sets the tone for all of earnings season

CNBC’s Jim Cramer on Friday looked ahead to the start of earnings season, focusing on quarterly reports from the big banks and other companies in the packaged foods and travel industries. The “Mad Money” host’s lookahead came after stocks rallied hard on Wall Street to rebound from Thursday’s big sell-off, helping the major averages end the week higher. “What …

Cramer’s week ahead: Next week sets the tone for all of earnings season Read More »

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